Perth Amboy, New Jersey Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Perth Amboy, New Jersey rental market.

Perth Amboy, New Jersey

Average Apartment Rent

$2,363

Y-o-Y Change in Average
Apartment Rent

-1.7%

As of May 2026

Compared to a year ago, Perth Amboy, New Jersey apartments have recorded a -1.7% rent decrease.

Perth Amboy, New Jersey Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Perth Amboy $2,240 $2,294 $2,382 $2,400 $2,365 $2,366 $2,413 $2,411 $2,353
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Perth Amboy
National
Jul 2023
$2,240
$1,741
Nov 2023
$2,294
$1,732
Mar 2024
$2,382
$1,736
Jul 2024
$2,400
$1,756
Nov 2024
$2,365
$1,749
Mar 2025
$2,366
$1,755
Jul 2025
$2,413
$1,767
Nov 2025
$2,411
$1,753
Mar 2026
$2,353
$1,750

Perth Amboy, New Jersey Average Apartment Rent

Perth Amboy, New Jersey Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 35.96%, apartments priced $2,000 - $2,500 represent the bulk of Perth Amboy, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.49%.

Perth Amboy, New Jersey Housing tenure**

Renter occupied housing units 11,903
Owner occupied housing units 6,506

Renters take up 65% of Perth Amboy, New Jersey real estate, occupying a total of 11,903 units, while homeowners live in 6,506 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$45,131

Average household size of renter-occupied housing units**

2.9

Rental vacancy rate**

2.2%

Perth Amboy, New Jersey Renter-occupied housing units by no. of bedrooms**

No bedrooms 788
1 bed 2,924
2 beds 4,797
3 beds 2,896
4 beds 406
5 or more beds 92

There are 4,797 rentals in Perth Amboy, New Jersey with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 92 units. Overall, the median number of rooms in Perth Amboy, New Jersey homes for rent is 4.1.

Perth Amboy, New Jersey Renter-occupied units by age of householder**

15 - 24 years 556
25 - 34 years 1,716
35 - 44 years 2,977
45 - 54 years 3,130
55 - 59 years 826
60 - 64 years 955
65 - 74 years 1,191
75 - 84 years 394
85 years and over 158

Most condos for rent in Perth Amboy, New Jersey are occupied by residents in the 45 - 54 years age group (26%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Perth Amboy, New Jersey Renter-occupied housing units by family type**

Family households 8,195
Non-Family Households 3,708

Perth Amboy, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 5,415
No related children of the householder under 18 6,488

A total of 8,195 apartments for rent in Perth Amboy, New Jersey, or 69% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 5,415 units. All in all, the median size of a renter-occupied household in Perth Amboy, New Jersey is 2.9.

Perth Amboy, New Jersey Renter-occupied housing units by educational attainment**

Less than high school graduate 3,760
High school graduate (including equivalency) 3,356
Some college or associate's degree 3,037
Bachelor's degree or higher 1,750

In terms of education, renters holding bachelor degrees or higher make up 15% of the rental market. In contrast, residents with less than a high school degree reside in 32% of the homes for rent in Perth Amboy, New Jersey.

Perth Amboy, New Jersey Renter-occupied units by year structure built**

Built 2010 - 2019 1,113
Built 2000 - 2009 842
Built 1990 - 1999 1,209
Built 1980 - 1989 826
Built 1970 - 1979 1,115
Built 1960 - 1969 866
Built 1950 - 1959 1,262
Built 1940 - 1949 1,381
Built 1939 or earlier 3,289

The highest share of Perth Amboy, New Jersey apartment rentals, namely 28% or 3,289 units, were Built 1939 or earlier, followed by those Built 1940 - 1949 (12%, 1,381 units), and the ones Built 1950 - 1959 (11%, 1,262 units).

Perth Amboy, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 837
Moved in 2018 to 2020 2,555
Moved in 2010 to 2017 5,757
Moved in 2000 to 2009 1,817
Moved in 1990 to 1999 713
Moved in 1989 or earlier 224

Median year renter moved into unit 2014

Most Perth Amboy, New Jersey renters (48%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Perth Amboy, New Jersey condos for rent is 2014.

Perth Amboy, New Jersey Renter-occupied housing units by vehicles available**

No vehicle available 3,435
1 vehicle available 5,007
2 vehicles available 2,775
3 vehicles available 518
4 vehicles available 101
5 or more vehicles available 67

When it comes to transportation options, 42% of Perth Amboy, New Jersey renters have 1 vehicle available per household, 29% of them have No vehicle available, and 23% have 2 vehicles available.

Perth Amboy, New Jersey Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 8,057
Car, truck, or van - carpooled 2,425
Public transportation (excluding taxicab) 850
Walked 1,003
Taxicab, motorcycle, bicycle, or other means 1,866
Worked at home 556

Perth Amboy, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 31,010
Moved within same county 2,261
Moved from different county within same state 243
Moved from abroad 343

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Perth Amboy, New Jersey apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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